San Antonio Area Foundation

“The executive committee is composed of the officers of the foundation: the board chair, the immediate past chair, the vice chair, the president, the treasurer, and the secretary. In addition, the chair may appoint additional directors to the executive committee. The executive committee shall exercise the powers of the board of directors in the interval between meetings of the board, provided, however, that it shall have no power to revoke any prior policy of the foundation which has been established by the board, and its powers may be further limited by the board of directors at any time.”

“Prior to a form 990 review performed by an independent accounting firm with the foundation's audit committee, all committee members received a copy of the form 990. Once accepted by the audit committee, a copy of the form 990 was provided to each member of the board of directors before filing with the irs.”

“The san antonio area foundation has a written conflict of interest policy that requires all members of the board of directors to annually disclose potential conflicts of themselves and their family members on a questionnaire. The questionnaires are reviewed for conflicts. Any questionnaires that disclose potential conflicts are brought before the board of directors for review. No member with a financial conflict shall evaluate or vote on any matter in which he or she has a financial conflict of interest and shall not use his or her personal influence with other responsible members to approve or disapprove any action by the foundation related to the matter. Members who have an emotional conflict of interest or an apparent conflict of interest may continue to participate in the discussion any may vote on the matter if no financial conflict of interest exists provided that the member first discloses his or her emotional or apparent conflict of interests.”

“The san antonio area foundation uses the ceo evaluation form received from the council on foundations. The foundation provides the evaluation document along with the accomplishment report to each member of the board of directors for completion. All replies are sent directly to a single member of the governance committee to compile in a report for the committee chair to review. The governance committee chair meets with the board chair to review the compilation. The compilation is then presented to the remaining members of the board of directors in an executive session. The board chair meets with the ceo to address any issues. The compensation of the chief executive officer has been benchmarked to the annual nonprofit salary surveys prepared for the san antonio area foundation by wierling associates and the council on foundations. The process was last performed in 2015 for the ceo dennis noll. In regard to other officers and key employees, the ceo prepares a human resources analysis that includes a council on foundations compensation summary with the most recently available base salaries. The ceo uses this information to make salary recommendations for all staff, which are reviewed and approved by the finance committee and the board of directors.”

“The foundation makes its governing documents and conflict of interest policy available to the public upon request. The audited financial statements, form 990 and quarterly investment reports are available on the foundation's website.”

“The san antonio area foundation is a co-employer with insperity and does not file form w-3. Insperity files this form under its own tax identification number.”

“Change in value of split interest agreement -6,503. Current year prior period adjustment 32,498. Change in value of trusts -154,399.”